advantages and disadvantages of competition essay
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Answer:
STRESS OFTEN COMES HAND-IN-HAND WITH COMPETITION ✔✔ Competition can easily lead to stress and anxiety, especially if it promotes academic competition between individual students. ...
BE PREPARED FOR DISAPPOINTMENT ✔✔ ...
UNHEALTHY COMPETITION LEADS TO LOWER ENGAGEMENT ✔✔One important benefit of competition is a boost to innovation. Competition among companies can spur the invention of new or better products, or more efficient processes. Firms may race to be the first to market a new or different technology.
Explanation:
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One would think that people are motivated by money, and that a good paycheck is incentive enough to do a good job. Although salary is a strong component in finding and keeping good talent, human resources managers have learned that people are often motivated to move into the next gear with other incentives.
An example of an incentive is a sales contest to have the greatest number of sales in a month or quarter for a specific product. The incentive could be an Employee of the Month plaque with the employee's name and picture up for the stated month. It could also be a team incentive such as an out-of-office party or event. Find out what drives employees to go the extra mile, and then to develop incentives that are fun and revolve around employees' desires.
Explanation:
advantages and disadvantages of competition